Long term trend break, yall know the vibes.
Given the current strength of the market gains momentum, this would be the bottom for most altcoins, including KDA.
On Fib patterns like this, if price doesnt find support or resistance at the 0% line, it almost always does so at 38%. 38% would be ~$13.5.
Before that the 23% line can also be seen as a strong level. This mark would be at the $12 price.
Aside from that, given the breakout, the only way is up, until those levels given, then price should experience some type of retracement.
Given the current strength of the market gains momentum, this would be the bottom for most altcoins, including KDA.
On Fib patterns like this, if price doesnt find support or resistance at the 0% line, it almost always does so at 38%. 38% would be ~$13.5.
Before that the 23% line can also be seen as a strong level. This mark would be at the $12 price.
Aside from that, given the breakout, the only way is up, until those levels given, then price should experience some type of retracement.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).